New opportunity to boost RI-Australia economic ties – Thu, February 13 2020

New opportunity to boost RI-Australia economic ties - Thu, February 13 2020

Center stage: President Joko “Jokowi” Widodo addresses a joint session of the Australian Parliament during his visit to the neighboring country earlier this week. Indonesia and Australia ratified a landmark comprehensive economic partnership agreement prior to Jokowi’s arrival. (Lukas Coch/pool/AFP)President Joko “Jokowi” Widodo’s visit to Australia earlier this week, culminating in a speech to Australian Parliament, bodes well for Australia-Indonesia relations. Over the past ten years, they have expanded their cooperation despite occasional diplomatic rows. However, there is one area that has been left behind in an otherwise improved friendship: their economic relations.For two neighboring countries of the Group of 20 with complementary economies, one would expect higher levels of trade and investment. In fact, Indonesia and Australia have the lowest trade volumes of any two…

Log in with your social account

Leave a Reply

Your email address will not be published. Required fields are marked *